The Daily Market Forecast

Tuesday’s Best S&P Turning Points Results: Shorting 3777.50 stopped out.  

Quick Tip: Futures Rule

If you’re know all the benefits of trading the Futures markets skip to the World Sentiment Index below. If you do not, this will be an eye-opener for you. 

Here are the 5 key benefits of trading Futures: 

1. Accessibility: Markets are open 23 hours/day from 6PM ET on Sunday to 5PM ET on Friday

2. Diversity: Trade stock indexes worldwide, popular cryptocurrencies, currencies, interest rates, metals, energies, agricultural, meats, and “softs” (think cotton). 

3. Minimal Capital Required: With the release of smaller (Micro) contract sizes it is now possible for a retail trader to get started with $5000 assuming good risk management. 

4. Superior Leverage: Depending on the contract, several times better than the stock market. 

5. Tax Break: Futures gains are taxed differently and always less than other markets. 

Curious to know more? Click here to read the entire white paper “Why Trade Futures.” 

The World Sentiment Index: (+100/-100) PLUMMETS from +57 to -36 with most major world markets Bearish. Historically higher closes from the open occurred 56% of the time with down moves 32% greater than up moves. 

Catalysts: ADP Employment Report @ 8:15. International Trade @ 8:30. ISM Services Index @ 10:00. EIA Petroleum Status Report @ 10:30. OPEC Meeting considering lowering production.   

Today’s Best S&P Turning Points (consider wider stops and less size in fast moving markets): 

Short 3791.75 stop 3797.50.  

Buy 3736.75 stop 3731.00. 

Trade Fearlessly,

Mike Siewruk 

P.S. Multiple strategies, software tools, teammates, and coaching. Learn why you should join our team here.  For a personal consultation to assess fit (without selling) email me for an appointment:


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